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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Future Minimum Lease Payments under Operating Leases

Future minimum lease payments under operating leases that have initial noncancelable lease terms in excess of one year were as follows (in thousands):

 

2023

 

$

41,227

 

2024

 

 

32,716

 

2025

 

 

24,807

 

2026

 

 

21,467

 

2027

 

 

19,253

 

Thereafter

 

 

95,582

 

Total lease payments

 

 

235,052

 

Less: imputed interest

 

 

(56,468

)

Operating lease liabilities

 

$

178,584

 

Lease Cost

The following table summarizes lease costs (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Operating lease cost

 

$

42,319

 

 

$

40,786

 

 

$

43,810

 

Variable lease cost

 

 

1,780

 

 

 

1,793

 

 

 

1,550

 

Short-term lease cost

 

 

25,365

 

 

 

17,914

 

 

 

25,387

 

Sublease income

 

 

(305

)

 

 

(1,032

)

 

 

(1,143

)

Total lease cost

 

$

69,159

 

 

$

59,461

 

 

$

69,604

 

Operating Leases, Weighted Average Discount Rate and Remaining Lease Term

The following table summarizes other supplemental information about the Company’s operating leases:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Weighted average discount rate

 

 

4.1

%

 

 

3.8

%

 

 

4.1

%

Weighted average remaining lease term

 

9 years

 

 

9 years

 

 

10 years